Caisse des Dépôts et Consignations (incl. Banque des Territoires)

Investor profile | Builders Republic

About

The Caisse des Dépôts et Consignations is the historic French public financial institution, founded in 1816, with a mandate to invest for the public interest and sustainable development of territories. It is not a VC: it is the "long-term financial arm of the State," a shareholder of Bpifrance (50% with the State), and a direct investor in major public interest projects (digital infrastructure, housing, energy transition, tourism). This profile covers its two vehicles present in the capital of tech companies: the Banque des Territoires, which invests directly in the capital of unlisted companies, and CDC Croissance, its management company dedicated to listed SMEs and mid-caps — thus a contact for IPO entry and beyond, not for venture rounds. For a startup founder, the Caisse des Dépôts is rarely a direct contact: the preferred entry remains Bpifrance for venture. It becomes relevant for projects with a strong territorial dimension (smart cities, territorial energy transition, rural digital infrastructure), through programs like Territoires d'Innovation (€450M) or specific sectoral co-investments (NatureTech, digital).

Key facts

Type
Public Fund / Sovereign Wealth Fund
Stages
Seed, Series A, Series B
Sectors
Healthcare, Mobility & Transportation, B2B, B2C, Software/SaaS, Digital health
Headquarters
France
Offices
Paris
Geographic focus
France
Founded
1816

Notable investments

YouScribe, Lemon Tri, Homeland, Hackuity, Geovelo, Water Horizon, Cycle Up, Carlili, Moulinot, Maskott, Monkey Factory, R3 (DBT), Posos

Funds by stage

Other funds investing at the same stages, list by list.

Funds by sector

The funds investing in each sector, based on their rounds over the last 36 months.